NEWS
London: China's Fosun International has
increased its offer for UK gemstone miner and Fabergé owner Gemfields to $323
million (£256 million), and Gemfields is encouraging its minority shareholders
to accept the takeover bid despite considering it unreasonable, in order to
avoid an even more “derisory” buyout bid from its largest shareholder,
Pallinghurst Resources.
Gaborone: De Beers sold rough diamonds with
a provisional value of $530 million in the fifth sales cycle (Global
Sightholder Sales and Auction Sales) of 2017, indicating ongoing strong demand
from the global industry.
Hyderabad: The inaugural PANACHE THE LUXURY
EXPO will take place at Hitex Exhibition Centre, Hyderabad from 03-05 November
2017. The first of its kind event will be Powered by ‘The Federation of
Telangana and Andhra Pradesh Chambers of Commerce & Industry’ (formerly
known as FAPCCI).
Hong Kong: The JNA Awards announced its
list of Honourees or finalists across 10 categories on the side lines of the
June Hong Kong Jewellery & Gem Fair.
Gaborone: De Beers Group yesterday
announced the creation of De Beers Ventures to actively consider the
acquisition of minority equity stakes in start-ups and growth companies.
Mumbai: Gems & Jewellery Skill Council
of India (GJSCI) conducted its 2nd Annual one week Yoga workshop with an aim to
create awareness amongst SEEPZ employees about the benefits of Yoga during International
Yoga Day.
London: Gemfields announced 0n Thursday
that it achieved record revenues from its latest auction of rough rubies.
Gaborone: De Beers will close its
auction-sales office in Dubai due to declining demand from local companies, the
miner has announced, according to a report published in Rapaport News.
Antwerp: The ninth edition of BrilliANT -
the Antwerp Diamond Trade Fair will be of the highlights of Antwerp's Diamond
Year 2017-2018. BrilliAnt has become the world's exclusive B2B diamond buying
trade show on the annual calendar of the international gem and jewellery trade
shows.
Udupi: The Gem & Jewellery Export
Promotion Council (GJEPC), apex gem & jewellery trade body in India, laid
the Foundation Stone for a premier Gem & Jewellery Training Institute today
in Udupi. Indian Institute of Gems & Jewellery (IIGJ) is being set up in
association with National Institute of Design(NID), Ahmedabad. This training
centre shall be amongst the series of Training Institutes & Facility
Centres set up by GJEPC across India. With IIGJ Udupi, GJEPC forays into
Education & Training field in the Southern India for the first time. Smt.
Nirmala Sitharaman, Hon’ble Minister of State(IC), Commerce & Industry,
Govt. of India graced the Foundation Stone Laying Ceremony. Also present at the
occasion was Shri. Manoj Dwivedi, Joint Secretary, Ministry of Commerce &
Industry, Govt. of India.
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